Minor changes have been made to the ASX Clear and ASX Settlement rulebooks.
The ASX Clear Operating Rules have been amended to expressly address when an Options Market Contract arising from an OTC Options Market Transaction will be novated.
The submission to jurisdiction requirements under both the ASX Clear Operating Rules and ASX Settlement Operating Rules have been amended so that parties submit to the exclusive jurisdiction of the courts of New South Wales and appeal courts from them.
These amendments in mark-up are provided here.
ASX Clear and ASX Settlement participants should review these amendments.
Deputy General Counsel
Adriana Wild Taylor